Cbak energy technology, inc. reports earnings results for the third quarter ended september 30, 2019

Cbak energy technology, inc. announced earnings results for the third quarter ended september 30, 2019. for the third quarter, the company announced sales was usd 8.089 million compared to usd 5.589 million a year ago. operating loss was usd 1.500 million compared to usd 4.115 million a year ago. net loss was usd 1.772 million compared to net income of usd 7.928 million a year ago. basic loss per share was usd 0.04 compared to basic earnings per share of usd 0.3 a year ago. for the nine months, sales was usd 17.532 million compared to usd 14.952 million a year ago. operating loss was usd 6.104 million compared to usd 9.818 million a year ago. net loss was usd 6.877 million compared to net income of usd 1.918 million a year ago. basic loss per share was usd 0.19 compared to basic earnings per share of usd 0.07 a year ago.
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